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Arctic LNG 2 Capex to be above $22 bln — Novatek CEO

It is noted that power plants are required because we shifted to electric actuators

ST. PETERSBURG, June 20. /TASS/. Capital investments of Novatek in the Arctic LNG 2 project will be above $22 bln because of the changeover to electric actuators, CEO of the Russian gas producer Leonid Mikhelson told reporters on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

"Capital investments will be above $22 bn. Power plants are required because we shifted to electric actuators. This makes the project more costly. Nevertheless, operating expenses will be smaller on the other part, because gas turbines require ongoing maintenance and the electric motor does not need it," the chief executive said.

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Novatek LNG SPIEF-2023

Gas supply by Gazprom for Europe through Ukraine totals 42 mcm via Sudzha

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Russia’s Oreshnik has no analogues worldwide — Putin

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Here are the key statements, made during the meeting

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Russia to view F-16 fighter jets in Ukraine as threat in nuclear sphere — Lavrov

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Strike with Oreshnik missile was a timely and effective response to the West — Kremlin

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Oreshnik can reach targets across entire Europe — missile troops commander

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Diplomat mocks US Senator for talking about invading Netherlands

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Zelensky to have no input if Russia, US negotiate, ex-Prime Minister says

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Israel strikes checkpoint on Syrian-Russian border — agency

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Putin says Oreshnik missile system cutting-edge innovation by Russia, not Soviet byproduct

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Shooting took place near Israeli embassy in Jordan — TV

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France only finishes off Ukraine by allowing it to strike inside Russia — diplomat

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Bundeswehr prepares plan for Operation Germany in case of war with Russia — newspaper

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Andrey Belousov stressed that Russian troops have accelerated their advance in the special military operation zone and have effectively disrupted Kiev's 2025 military campaign

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Russia’s updated nuclear doctrine is a signal to the West, Kremlin confirms

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Warehouse with containers of flammable liquids on fire in Barnaul — Emergencies ministry

As the ministry’s the regional headquarters reported, the area of the fire is 6,000 square meters

US admiral says Washington should be ready for talks with Russia, China

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Bulgarian politician sees Oreshnik missile strike as wake-up call for peace

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Trump to name investor Bessent as Treasury Secretary

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Europe unable to wage war attrition on Russia — Ukraine’s ex-commander-in-chief

According to Zaluzhny, European countries lack munitions to shoot down air bombs

US, Europe openly side with Kiev by supplying it with weapons — top Turkish diplomat

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Russian military to warn Ukrainian civilians of future Oreshnik attacks — Kremlin

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Russia will respond ‘in every way’ to Seoul’s arms supply to Kiev — MFA

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Press review: Russia fires missile at Ukraine plant and Biden forgives Kiev $4.65 bln debt

Top stories from the Russian press on Friday, November 22nd

Biden’s actions on Ukraine meant to 'muck things up' for Trump — Lavrov

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State Department says US-India relations hit some headwinds due to Russia, BRICS

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West’s trying to turn Seoul into accomplice of Zelensky regime — Russian Foreign Ministry

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PREVIEW: First tour of presidential election to be held in Romania

Almost 19,000 polling stations will be opened in the country

COP29 participants approve $300 bln annual climate funding

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Ukraine should consider territorial concessions to Russia in return for peace — magazine

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Western air defense systems unlikely to intercept Russian missiles — France’s Le Monde

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Putin congratulates Serbian film director Kusturica with seventieth birthday

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Russian embassy warns UK about dangers of calling for Moscow’s ‘defeat’

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Russia’s Permanent Representative to the Vienna-based international organizations Mikhail Ulyanov said that what has been done by the White House is very dangerous

Ukrainian army admits loss of 40% of territories it controlled in Kursk Region — agency

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Russian armed forces defeat Ukrainian assault Battalion Shkval in DPR

Kiev forces lost over 440 troops in battlegroup group West responsibility zone

Russian servicemen control 30% of Chasov Yar in DPR — expert

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Biden’s decision to use ATACMS against Russia may 'blow up in America’s face' — US expert

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T-90M tank shows itself as best in the world in real fight — Medvedev

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Oreshnik missile to change course of Ukrainian conflict, Medvedev believes

Russian Security Council Deputy Chairman Dmitry Medvedev said it in an interview

Kremlin explains why Oreshnik missile came as surprise

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Putin invites Tajik leader to attend celebration of 80th anniversary of victory in WWII

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NATO countries engaged in full-fledged war against Russia — Medvedev

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Ukraine conflict entering decisive phase, Polish PM says

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Russian forces eliminate Ukrainian MiG-29 on ground

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Concerts, festival to mark 90th anniversary from birthday of composer Alfred Schnittke

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West builds up military presence near Russia’s Arctic borders — presidential aide

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Ex-German Chancellor considers dialog with Russia necessary to settle conflict in Ukraine

Angela Merkel advised politicians "to be authentic" when building up relations with US President-elect dondald Trump

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Topol ICBMs to come out of service in Russia in 2024

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Ukraine hopes to see US peace plan in January

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Gazprombank’s UnionPay cards no longer serviced in several countries

Conflict in Ukraine no longer regional war — German defense minister

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Russia entitled to use weapons against military sites of states attacking it — Duma

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Ukrainian frontline may 'collapse' under onslaught of Russian forces — BBC

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